Chartres Lodging Group, an investment and advisory company focused on the investment, asset management, and development of high-quality lodging assets, works in tandem with Kokua Hospitality, an independent hotel management company with a portfolio of independent and branded hotels throughout the mainland U.S. and Hawaii. The two San Francisco-based companies are pleased to join forces with Aptech, a leading provider of hospitality business intelligence, budgeting and forecasting, and enterprise accounting hotel software systems.

“We wanted a proven hospitality budgeting and forecasting system that would provide our varied properties with accurate forecast reporting,” said Andrea Mue, EVP and CFO for Chartres Lodging Group and Kokua Hospitality. “I have designed budget systems and understand what is important. We evaluated several systems and Aptech’s Targetvue system’s management of our specialized budgeting and forecasting needs out-performed the others.” Chartres/Kokua also selected Aptech’s cloud-based Execuvue Hospitality Business Intelligence, and PVNG Enterprise Accounting Systems. The systems are expected to be live in the Q2 of 2018.

“Aptech’s PVNG Enterprise Accounting and Execuvue Hospitality Business Intelligence are integrated to seamlessly exchange data. This integration saves manual processing time and ensures accuracy,” Mue said. “We know the importance and value of investing in business intelligence and look forward to having our monthly reporting packages deliver more performance information in flexible formats. Kokua’s property teams will benefit from greater corporate visibility into operations, while our corporate team and our owners will benefit from the teams’ ability to optimize profitability and manage by the numbers.”

“Kokua Hospitality is a flexible operator with a portfolio of multiple brands and independents that span the country. Aptech’s integrated cloud-based systems are a good fit for their operation,” said Jill Wilder, Aptech vice president. “Our systems will gather data from each hotel for centralized analysis and performance reporting to support management decisions. Both of our companies understand the importance of providing value and service. The Aptech professional team is committed to Chartres’ and Kokua’s success.”

Aptech’s professional team will be hosting meetings at BITAC May 15 -17 at the Innisbrook Resort in Tampa, Fla.

Aptech Computer Systems is both an IBM and Prophix Business Partner. It offers Execuvue web-enabled Hospitality Business Intelligence, Targetvue Budgeting and Forecasting, and PVNG Enterprise Accounting systems that are 100 percent hospitality specific. Aptech provides a complete suite of financial management and analysis solutions for the hotel industry.